Property Tax & Income in Bond County, Illinois
Bond County has an effective property tax rate of 1.89%. On the median home value of $145,700, that's roughly $2,747 per year. Median household income is $65,959.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Bond County | Illinois (state context) |
|---|---|---|
| Effective property tax rate1 | 1.89% | 1.80% |
| Median home value1 | $145,700 | — |
| State income tax3 | top rate 4.95% | top rate 4.95% |
| State sales tax3 | 8.98% combined | 8.98% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Bond County, IL
In Bond County, Illinois, the median home value sits at $145,700, and the annual property tax bill on such a home comes to $2,747. That works out to an effective rate of 1.885%, which is higher than Illinois's statewide median of 1.804% and far above the national figure of 0.794%. Among the state's 102 counties, Bond County ranks 42nd for property tax rate. With a median household income of $65,959, the annual tax equals roughly four percent of what a household here earns. Buyers weighing a move to Greenville, Donnellson, or Sorento will find that lower home prices offset some of the sting of above-average rates — the total tax bill stays under $3,000 even though the percentage itself outpaces most of the country.